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It doesn't look like Tymen1's example with his being a solid gray matter so I presume his is like that for demonstration purposes (being that he's doing his examples in a Paint program).
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Yes that is correct Sweet Pip.
It comes on the chart as an upper, middle and lower band.
But for the sake of clarity, I have :
1) Removed the grid lines on the chart.
2) Coloured the Keltner fully in grey to make it clearly distinguishable from the Bolinger bands. (Done in Microsoft Paint - standard with XP)
3) The BB are in blue so that they can be seen.
4) My arrows pointing to important matters are in bright pink.
The Keltner middle band will soon be visible - it is coloured yellow to contrast against the grey.
Next post tomorrow.